Ankura is a team of excellence founded on innovation and growth.
Ankura is recognized as one of the five fastest growing consulting companies with over 2,000 employees across 32 offices in four continents, providing a range of advisory and expert services to the private and public sector.
Practice Overview:
At Ankura, our Global Finance Organization culture is highly collaborative. We prioritize a continuous learning environment, focused on skill development and career growth. A successful candidate is someone with strong accounting knowledge, and a growth mindset, who is focused on innovation and process improvement.
Role Overview:
Housed within the Transaction Advisory Services (TAS) Practice, the Risk Advisory Services Practice (RAS or Risk) provides expert services to our banking clients to help resolve their most pressing risk or regulatory related matters. The Risk team provides solutions to financial institutions such as model risk management (model development and validation), stress testing and scenario analysis, credit review services, which includes rigorous portfolio/loan reviews, as well as other risk-related services. In many of our engagements, our work is quantitative in nature thereby requiring a mathematical aptitude, coding experience, statistical analysis, and banking industry knowledge. Our team members typically have academic credentials in finance, economics, and/or econometrics.
Why Join Ankura
We can support and develop individuals who aspire to be an expert.
Vast opportunities for career development, with formal development process, training programs and internal e-learning training platform, Ankura Academy.
Work within a team of world recognized leading experts in an established leading global consultancy.
Work with a collaborative environment, where our professionals have the freedom to innovate which promotes curiosity, learning and communication.
Responsibilities
Managers work as part of a project team, performing critical, value-added work to assist the team in preparing the ‘deliverable’ to the client.
may include developing financial models in Excel or R Studio, performing various testing exercises on models, such as backtesting, sensitivity analysis, stress testing and other required tests.
Our team often builds bespoke models for internal or client use; as such you may be asked to assist in model development, model deconstructing and/or model replication.
may also include developing various databases to store and aggregate certain information and ensuring project teams perform the highest quality work in the creation of client deliverables.
Requirements:
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Master's degree in economics, finance, or business from an accredited institution
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MBA in Finance/MS/B.Sc. Statistics /M.Sc. Statistics. Risk management or finance certification (FRM, PRM, CFA) preferred
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5-7 years of experience in:
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Programming in R Studio/Python
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proficiency in SAS or other statistical software packages
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Programming in other computer languages (desired but not required)
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Financial modeling using spreadsheets or databases
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Proficiency in Excel
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Use of large-scale relational databases (e.g., SQL, Oracle)
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Interpretation and critical analysis of corporate/banking financial statements
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Effective oral and written communication skills
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Collaborative team player
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Ability to support multiple projects and meet deadlines
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Strong project management skills
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Ability to understand the importance of privileged and confidential communications
The candidate should have experience in the following areas, but not necessarily all:
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Financial services model validation
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CECL
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Liquidity and stress testing models
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Asset liability models
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AML / BSA
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Fraud
NA
Ankura is an Affirmative Action and Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability. Equal Employment Opportunity Posters, if you have a disability and believe you need a reasonable accommodation to search for a job opening, submit an online application, or participate in an interview/assessment, please email [email protected] or call toll-free +1.312-583-2122. This email and phone number are created exclusively to assist disabled job seekers whose disability prevents them from being able to apply online. Only messages left for this purpose will be returned. Messages left for other purposes, such as following up on an application or technical issues unrelated to a disability, will not receive a response.
